BANKSETA ANNUAL REPORT 2023

REPORT OF THE AUDITOR-GENERAL TO PARLIAMENT ON THE BANKING SECTOR EDUCATION AND TRAINING AUTHORITY

24. The public entity plays a key role in delivering services to South Africans. The annual performance report includes the following service delivery achievements against planned targets:

Key service delivery indicators not achieved

Planned target

Reported achievement

Programme 3: Learning programmes Targets achieved: 73% Budget spent: 94% 3.3 Maths and Science Support 3.3.2 Number of learners completing the programme 3.8 Career Development Services 3.8.1 Number of career awareness workshops conducted 3.8 Career Development Services 3.8.2 Number of Career Development Practitioners trained 3.9 Leadership Development Programme 3.9.2 Number of learners completing the programme successfully 3.10 PIVOTAL Grant Funding Window 3.10.1 Number of learners enrolled in the programme 3.10 PIVOTAL Grant Funding Window 3.10.2 Number of learners completing the programme successfully 3.11 Reskilling of employees funding window 3.11.1 Number of learners enrolled in the programme 3.11 Reskilling of employees funding window 3.11.2 Number of learners completing successfully 3.13 SME and CFI Funding Window 3.13.2 Number of CFIs Organisations supported with training interventions 3.17 Doctoral and Post-Doctoral bursaries 3.17.2 Number of Students completing successfully

1 520

1 313

20

5

250

243

180

0

2 850

233

1 740

957

1 300

368

400

321

30

15

15

4

25. Reasons for the underachievement of targets are included in the annual performance report on pages 42 to 58.

Report on compliance of legislation

26. In accordance with the PAA and the general notice issued in terms thereof, I must audit and report on compliance with applicable legislation relating to financial matters, financial management and other related matters. The accounting authority is responsible for the public entity’s compliance with legislation. 27. I performed procedures to test compliance with selected requirements in key legislation in accordance with the findings engagement methodology of the Auditor-General of South Africa (AGSA). This engagement is not an assurance engagement. Accordingly, I do not express an assurance opinion or conclusion. 28. Through an established AGSA process, I selected requirements in key legislation for compliance testing that are relevant to the financial and performance management of the public entity, clear to allow consistent measurement and evaluation, while also sufficiently detailed and readily available to report in an understandable manner. The selected legislative requirements are included in the annexure to this auditor’s report. 29. The material findings on compliance with the selected legislative requirements, presented per compliance theme, are as follows:

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BANKSETA ANNUAL REPORT 2022/23